Credit card points and rewards are a way of “rewarding” the loyalty of the customers by banks and other credit card companies. This is mainly done to cultivate good spending habits amongst credit cardholders. The interest on credit cards is pretty high ranging between 30%-60%. Missing or delaying a payment brings you the added penalties, […]
Category Archives: Credit Card
Applying For A Credit Card? Don’t Make These 5 Mistakes
Applying for a credit card is a fairly easy process, but many applicants tend to make some common mistakes while they’re at it. These mistakes have consequences – ranging from a flat-out denial of your application to potentially costly penalties in the future. Goes without saying, such mistakes are detrimental in getting the application itself […]
Credit Cards versus Instant Cash Loans
With the high rates of inflation, people today are often living end to end, with a very small percentage of their money headed into savings. In such scenarios, it is impossible not to rely on credit cards or loans to pull through the month. Even for regular expenditures including food and weekly entertainment, millennial’s have […]
Rise of Online Loan Lending Platforms
With the evolution in the field of information technology, the lifestyle of people started changing gradually. It started showing its effect on various sectors and one of them is banking and finance sector. Before the evolution, the process of completing a financial transaction was tough and physical presence of both person (borrower and lender) was […]
How to Repair Your Credit Score?
Before conversing about fixing damages to the credit score. Let us talk about a good credit score. We often ignore credit score while applying for loans, and many of us unaware of the low score, until the lender rejects our application and informs us. We should not turn a deaf ear towards our credit score; […]
How to Come out of Debt Trap?
Acknowledging that you are over leveraged is one of most important steps to get debt free. If you understand your finances, you will learn to manage them better. We have all gone through phases in life when we release that we are spending more than what we are earning and its important we understand this […]
Factors Impacting Your CIBIL Score
Nothing is worse than having a bad credit score, as it can tarnish your social image. How do I improve my credit score, what are the factors which hit your CIBIL score hard and what should we do to avoid them, are some of the common difficulties, most of the people go through but they […]